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Alpha Corporation owns assets valued at $400,000 and liabilities of $100,000. Beta Corporation transfers $160,000 of its voting stock and $40,000 in cash for of

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Alpha Corporation owns assets valued at $400,000 and liabilities of $100,000. Beta Corporation transfers $160,000 of its voting stock and $40,000 in cash for of Alpha's assets and all of its liabilities. Alpha distributes its remaining assets and the Beta stock to its shareholders. Alpha then liquidates. a. 368(a)(1)(A) b. 368(a)(1)(B) c. 368(a)(1)(C) d. 368(a)(1)(D) e. 368(a)(1)(E) f. 368(a)(1)(F) g. 368(a)(1)(G) h. None - this is a taxable transaction Alpha Corporation owns assets valued at $400,000 and liabilities of $100,000. Beta Corporation transfers $160,000 of its voting stock and $40,000 in cash for of Alpha's assets and all of its liabilities. Alpha distributes its remaining assets and the Beta stock to its shareholders. Alpha then liquidates. a. 368(a)(1)(A) b. 368(a)(1)(B) c. 368(a)(1)(C) d. 368(a)(1)(D) e. 368(a)(1)(E) f. 368(a)(1)(F) g. 368(a)(1)(G) h. None - this is a taxable transaction

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